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Lockheed Martin, Raytheon Lead in FY ’19 Foreign Military Sales

Lockheed Martin, Raytheon Lead in FY ’19 Foreign Military Sales
A Bahrain F-16 Block 70 over Manama. (Photo: Lockheed Martin)

Fiscal year 2019 will have been a stable year for U.S. foreign military sales with $68 billion worth of cases – should all approved deals come through – with contractors Lockheed Martin [LMT] and Raytheon [RTN] leading the industry pack. The approved sale amount for the fiscal year ending Sept. 30 is just short of FY ‘18’s $70 billion and FY ‘17’s $73 billion totals, and Lockheed Martin topped with 100 approved sales worth about $32.4 billion last fiscal year,…

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